Lombardi, M. (2010) What kind of preference maximization does the weak axiom of revealed non-inferiority characterize? Mathematical Social Sciences, 59(3), pp. 323-325. (doi: 10.1016/j.mathsocsci.2010.01.001)
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Abstract
A choice correspondence is weak justified if a non-chosen alternative is dominated by any other obtainable alternative, and for each discarded alternative there is some chosen alternative which dominates it. This definition allows us to build a connection between the behavioral property expressed by the weak axiom of revealed non-inferiority and a weak form of maximality. It is weaker than the form of maximality characterized by the weak axiom of revealed preference.
Item Type: | Articles |
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Status: | Published |
Refereed: | Yes |
Glasgow Author(s) Enlighten ID: | Lombardi, Dr Michele |
Authors: | Lombardi, M. |
College/School: | College of Social Sciences > Adam Smith Business School > Economics |
Journal Name: | Mathematical Social Sciences |
ISSN: | 0165-4896 |
Published Online: | 21 January 2010 |
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